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Vol 61 No 2

Published 23rd January 2020


In the rough

Africa's paragon of democracy and prudence is finding stability and prosperity increasingly difficult as commodity prices fall

Envied by its peers for its track record of good governance and fiscal prudence, and prized by investors for its low tax regime, Botswana has posted budget deficits for the past three years largely due to development spending in the first three years of its eleventh National Development Plan (NDP11) which runs from 2017-2023.

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